MOEX forex brokers are brokers that give traders access to the Moscow Exchange’s foreign exchange market. Brokers connected with MOEX allow clients to trade in Russian ruble currency pairs like USD/RUB and EUR/RUB. Trades on this exchange are fully regulated and transparent, as they take place through the exchange’s order books. We compared dozens of brokers, and the following are our top 10 best MOEX brokers.
Best MOEX Moscow Stock Exchange Forex Brokers
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Unparalleled Market Access
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Competitive Pricing
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Advanced Trading Tools
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Steep Learning Curve
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Customer Service Could Be Better
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Unparalleled Market Access
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Competitive Pricing
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Advanced Trading Tools
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Steep Learning Curve
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Customer Service Could Be Better
- Withdrawal feeN/A
- Deposit feeN/A
- Max LeverageN/A
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Regulated by the Central Bank of Russia, ensuring a high level of security for client funds.
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Offers a wide range of assets, including forex currency pairs, commodities, indices, stocks, and cryptocurrencies.
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Competitive spreads start from 0.1 pips.
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Not available for US clients.
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A limited selection of account types to choose from.
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No social trading or copy trading options available.
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Regulated by the Central Bank of Russia, ensuring a high level of security for client funds.
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Offers a wide range of assets, including forex currency pairs, commodities, indices, stocks, and cryptocurrencies.
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Competitive spreads start from 0.1 pips.
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Not available for US clients.
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A limited selection of account types to choose from.
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No social trading or copy trading options available.
- Withdrawal feeN/A
- Deposit feeN/A
- Max LeverageN/A
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SAXO is regulated by various licensing bodies globally, with licenses in six tier-1 jurisdictions.
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Access over 60,000 instruments, including crypto derivatives, micro-futures, and forex options.
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SaxoTraderGo is equipped with all the necessary tools traders might need.
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SAXO is regulated by various licensing bodies globally, with licenses in six tier-1 jurisdictions.
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Access over 60,000 instruments, including crypto derivatives, micro-futures, and forex options.
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SaxoTraderGo is equipped with all the necessary tools traders might need.
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SAXO is regulated by various licensing bodies globally, with licenses in six tier-1 jurisdictions.
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Access over 60,000 instruments, including crypto derivatives, micro-futures, and forex options.
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SaxoTraderGo is equipped with all the necessary tools traders might need.
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SAXO is regulated by various licensing bodies globally, with licenses in six tier-1 jurisdictions.
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Access over 60,000 instruments, including crypto derivatives, micro-futures, and forex options.
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SaxoTraderGo is equipped with all the necessary tools traders might need.
- Withdrawal feeNo
- Deposit feeNo
- Max Leverage1:100
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Established Reputation in Russian Markets
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Diverse Platform Options
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Access to Multiple International Exchanges
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Limited International Regulatory Oversight
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Mixed Customer Service Experiences
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Reported Withdrawal Issues
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Established Reputation in Russian Markets
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Diverse Platform Options
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Access to Multiple International Exchanges
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Limited International Regulatory Oversight
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Mixed Customer Service Experiences
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Reported Withdrawal Issues
- Withdrawal feeN/A
- Deposit feeN/A
- Max LeverageN/A
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Two commission-free accounts: Charging trading commissions on transactions is how many brokers make their profit. However, BSC Forex offers its customers two commission-free accounts; pro and direct.
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Offers a range of tradable instruments: BSC has multiple trading instruments on its platform. Traders can access forex pairs, commodities, cryptocurrencies, CFDs, and stocks.
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Popular Trading Platforms: BCS Forex provides clients access to the popular MetaTrader 4 and MetaTrader 5 platforms. These platforms are available on the web and the broker’s proprietary mobile app.
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Charges Inactivity Fees: Unlike many brokers who wait about 12 – 16 months before charging inactivity fees, BCS Forex charges its customers a $100 monthly inactivity fee after six months of an account’s dormancy.
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Charges Personal Income Tax: This review gathered that BSC Forex is a tax agent; hence, clients must pay personal income tax on every withdrawal.
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Limited Customer support: The customer support channels on BCS Forex are only available 24/5 between 9 a.m. and 9 p.m. GMT +3. This implies that trading hitches can only be resolved on weekdays and within the specified 12 hours.
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Two commission-free accounts: Charging trading commissions on transactions is how many brokers make their profit. However, BSC Forex offers its customers two commission-free accounts; pro and direct.
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Offers a range of tradable instruments: BSC has multiple trading instruments on its platform. Traders can access forex pairs, commodities, cryptocurrencies, CFDs, and stocks.
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Popular Trading Platforms: BCS Forex provides clients access to the popular MetaTrader 4 and MetaTrader 5 platforms. These platforms are available on the web and the broker’s proprietary mobile app.
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Charges Inactivity Fees: Unlike many brokers who wait about 12 – 16 months before charging inactivity fees, BCS Forex charges its customers a $100 monthly inactivity fee after six months of an account’s dormancy.
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Charges Personal Income Tax: This review gathered that BSC Forex is a tax agent; hence, clients must pay personal income tax on every withdrawal.
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Limited Customer support: The customer support channels on BCS Forex are only available 24/5 between 9 a.m. and 9 p.m. GMT +3. This implies that trading hitches can only be resolved on weekdays and within the specified 12 hours.
- Withdrawal feeN/A
- Deposit feeN/A
- Max LeverageN/A
There are many MOEX forex brokers offering their services. To choose the best, you have to look at other factors as well, such as trading costs, customer service, available payment methods, and barriers to entry. In addition, you should also consider the account types and trading platforms your broker offers. Both your trading experience and success depend significantly on your choice of broker.